Accountingcrest_reflection.jpg

The purpose of this unit is to understand, interpret, and use accounting principles to make informed financial decisions, by viewing financial statements of a business and utilizes those statements to make informed business decisions.

Assignments

Activity 1
Review the Powerpoint. [click here]

Activity 2
Review the video.

Activity 3
Understanding Balance Sheets [click here]

Activity 4
Review Accountant salaries here in Atlanta. [click here]

Activity 5
  • Click here for Financial Statements. Make sure to take notes.
  • Click here for Preparing a Balance Sheet. Stop and start the video as you take notes.
  • Answer the questions found here.

Activity 6
Complete Money Basics

Activity 7
Complete Work Place Basics

Activity 8
Complete Tax Documents

Activity 9
The Hows of Taxes
Read and complete the tax tutorial, simulation and assessment for each module and take a screenshot of your assessment score to save in one MS Word document.

Activity 10
It's Tax Time!
  • Go to www.TaxAct.com
  • Click the
  • Use yourstudentID@gmail.com to set up an account.
  • Use nchs[studentnumber] for password
  • Use this W2 to complete the TaxAct interactive form.
  • Click the Federal Q&A
  • Click Start Federal Q&A
  • Click No Thanks for the import and
  • Use the Quick Entry option.
  • The form will NOT allow you to type your name or social security in, just skip the name and social
  • The items should correspond numerically [#1 on the W2 should line up with #1 on the TaxAct site].
  • Once you're done, click Print at the top of the page
  • Click Print Return and Instructions
  • Click Federal Return
  • Click Your Federal Return
  • Click the printer icon at the bottom of the page
  • Write your name on the Return after you print it out